Sachem Capital Corp. 7.125% Not (OTCMKTS:SCCB) Announces $0.45 Quarterly Dividend

Posted by Scott Moore on May 8th, 2024

Sachem Capital Corp. 7.125% Not (OTCMKTS:SCCB – Get Free Report) announced a quarterly dividend on Tuesday, May 7th, Wall Street Journal reports. Stockholders of record on Saturday, June 15th will be given a dividend of 0.4453 per share on Monday, July 1st. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.09%. The ex-dividend date is Friday, June 14th.

Sachem Capital Corp. 7.125% Not Stock Performance

OTCMKTS SCCB traded up $0.07 on Wednesday, reaching $25.14. 8,593 shares of the company were exchanged, compared to its average volume of 3,253. Sachem Capital Corp. 7.125% Not has a fifty-two week low of $23.86 and a fifty-two week high of $25.49. The business’s fifty day moving average price is $25.03 and its 200 day moving average price is $25.00.

Sachem Capital Corp. 7.125% Not Company Profile

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since 2010, sachem capital has been financing opportunistic real estate transactions in the new england area. sachem capital provides quick, short-term bridge capital for real estate investors, builders or developers who need immediate funding or to solve an immediate problem. our creative real estate financing solutions are developed exclusively for those seeking alternatives to conventional bank loans.